Analyst: Oil Prices Expected to Remain Elevated Until Iran Dispute Ends

SmartContractAuditor · 2026-03-25T02:14:59+00:00

Odaily Planet Daily News: Oil prices fell sharply as the United States pushed to end its war with Iran. Ajay Parmar, Head of Crude Oil Markets at ICIS, a commodities research institution, stated: "Oil prices will continue to fluctuate as the market is affected by both fundamentals and rhetoric. The fundamentals have not changed—currently, approximately 10 million barrels per day of crude oil supply in the Middle East remains disrupted, and before this war ends, we expect oil prices to remain at elevated levels." (Golden Ten)

SmartContractAuditor

2026-03-25 02:14:59

Odaily Planet Daily reports that oil prices have fallen sharply as the U.S. pushes to end the war with Iran. Commodity research firm ICIS crude oil market director Ajay Parmar stated, “Oil prices will continue to fluctuate because the market is influenced by both fundamental factors and rhetoric. The fundamentals have not changed — currently, nearly 10 million barrels per day of oil supply in the Middle East remain disrupted, and until this war ends, we expect oil prices to stay high.” (Jin10)

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